Capital Watch: Magnis, Mount Ridley and more

IN Capital Watch today: Magnis raises $6.5M; Mount Ridley oversubscribed; Bannerman’s $2M plan; investor ups Queensland Bauxite share; share purchase plans for MOD and Golden Cross; and placements for Triton, Xanadu and Erin.

Capital Watch: Magnis, Mount Ridley and more Capital Watch: Magnis, Mount Ridley and more Capital Watch: Magnis, Mount Ridley and more Capital Watch: Magnis, Mount Ridley and more Capital Watch: Magnis, Mount Ridley and more

Graphite hopeful Magnis Resources has raised $A6.5 million through a share placement to sophisticated and institutional investors to fast-track its Nachu project in Tanzania into production.

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